Bitcoin Is Helping Undocumented Immigrants Send Money Home

[Galaxy]

The global remittance industry is a $500 billion market. But for the undocumented who lack resources, Bitcoin is offering a lifeline, according to Arcane Research. For migrants in search of the proverbial “American dream” in a new land, finding ways to send money back home can be a nightmare.

That’s especially true of undocumented immigrants, who face additional legal and financial barriers to send their remittances. But for the tech savvy among them, a surprising savior is emerging: Bitcoin.
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